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Kalshi Considers $1 Billion Funding Round at Nearly $40 Billion Valuation as It Expands
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Kalshi Considers $1 Billion Funding Round at Nearly $40 Billion Valuation as It Expands

Key Highlights: Sequoia could lead a new Kalshi financing round, with partner Alfred Lin serving on Kalshi’s board. Kalshi is expanding from event contracts into financial and economic markets. Polymarket is also exploring a funding round of about $1 billion as investor interest in prediction markets grows. Sequoia Could Lead New Kalshi Financing Sequoia could ...

Kraken Seeks US Launch for Single-Stock Perpetual Futures Trading
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Kraken Seeks US Launch for Single-Stock Perpetual Futures Trading

Key Highlights Payward, parent company of Kraken, has filed to offer single-stock perpetual futures on 10 major U.S. equities including Tesla, Nvidia, Apple, Microsoft, and Amazon, with plans for 24/5 trading access. The contracts would be listed on Bitnomial Exchange under its rules, while onchain perpetual futures would be offered through Hyperliquid to eligible U.S. ...